Job openings showed surprising increase to 7.4 million in April
1. Job openings rose to 7.4 million, exceeding forecasts. 2. Hiring increased by 169,000 to 5.6 million. 3. New factory orders dropped 3.7%, indicating demand decline. 4. Layoffs decreased by 196,000 to 1.79 million. 5. Labor market shows signs of stabilization amidst uncertainty.